-
RBA Keeps Rates On Hold, Provides 'Scope For Further Easing'
Tuesday, July 2, 2013 - 9:06am | 457Read More...Overnight, the Reserve Bank of Australia (RBA) kept rates on hold for the second consecutive month after cutting its benchmark interest rate in May. The Bank has been easing policy in the face of slowing exports to China, which have weighed on growth and seen inflation slow. Rate Decision The RBA...
-
Credit Suisse Lowers Price Targets on Commodities, Prices Sink
Wednesday, April 3, 2013 - 7:47am | 516Read More...Commodity markets traded lower in early trade Wednesday following a new note from Credit Suisse highlighting that they expect weakness in commodity markets over the next few years. The analysts at Credit Suisse slashed their price targets for nearly every commodity for 2013 and 2014 on both lower...
-
Among Agricultural Commodities, Do Not Forget About Sugar
Monday, July 23, 2012 - 3:29pm | 675Read More...The story about corn and its astronomical ascent in recent weeks is by now well-documented. In other words, corn is quickly becoming yesterday's news as some traders start looking for the next big thing among agricultural commodities. Soybeans have that potential. Supply and weather dynamics have...
-
Corn Trading Near Record Highs
Thursday, July 19, 2012 - 12:19pm | 269Read More...Corn prices continued to probe record highs Thursday amidst the growing drought across the corn belt in the U.S. Front-month corn futures rose to $810.25 in early Chicago trading as hot weather and little moisture continue to plague large swaths of the United States. They have since pulled back to...
-
Amid Corn's Surge, Cotton's Plunge Goes Nearly Unnoticed
Wednesday, July 18, 2012 - 4:33pm | 560Read More...Even casual participants in the financial markets know that it has been nearly impossible to go a single trading day over the past several weeks without hearing about corn. Google Trends shows search volume for the word "corn" is spiking. The surge in Internet searches on the agricultural...
-
Seven Mid-Cap Basic Materials Stocks With Heavy Short Interest
Tuesday, July 10, 2012 - 6:37pm | 849Read More...Economic fears are running high in the global markets, and the most efficient means of trading economic sentiment with individual stocks may be the highly-cyclical basic materials sector. Alcoa (NYSE: AA) kicked off earnings season on Monday after the closing bell and the price action in that...
-
Natural Gas Spikes Higher after Storage Data
Friday, July 6, 2012 - 10:37am | 251Read More...On Thursday morning at 10:30 ET, the U.S. Energy Information Administration released its weekly report on natural gas stockpiles. Natural gas stockpiles increased 39 bcf, which was slightly lower than estimates, as analysts anticipated an inventory build of 43 bcf. The commodity initially spiked...
-
Stocks Fall as Spain Downgraded
Wednesday, June 13, 2012 - 6:26pm | 379Read More...The U.S. stock market fell apart late in the day on Wednesday after the major averages spent much of the session near the unchanged mark. Investors continue to sell risk assets as fears ramp up over rising Spanish bond yields, signalling that the European sovereign debt crisis may be spinning out...
-
How King Dollar May Plague These ETFs
Tuesday, June 12, 2012 - 7:38pm | 795Read More...Not that long ago, many so-called experts, pundits, and traders speculated that the U.S. dollar would lose its reserve currency status. The dollar appeared to be on its way to more declines against its major rivals amid the loss of the prestigious AAA credit rating, rising deficits, and no...
-
Beacon Rock Research Comments on Redstar Gold
Tuesday, November 22, 2011 - 4:04pm | 317Read More...Beacon Rock Research provided analysis and color on Redstar Gold ("RGC") today after the company reported additional high-grade gold results from its Ontario Red Lake Gold Camp on the Newman Todd property. In the report, Beacon Rock Research notes the following: "Redstar continues to report...
-
Early Weakness in Copper
Tuesday, October 11, 2011 - 9:40am | 165Read More...Overnight has shown some early weakness in copper, which had led the general market up in a fast spurt over the past four trading sessions. This weakness can be seen in the chart below as copper nears 3.2300 and a support line at 3.2125. It has also broken a trend line, that admittedly was almost...
-
The Three Safe Havens Where Big Money is Going
Sunday, October 2, 2011 - 10:35pm | 634Read More...It seems everyone is looking for a place to put their hard earned money as uncertainty around the globe continues to rise. Oil, Gold, and Silver which have been the hot investments for the past few years took it on the chin over the past month with oil falling 13%, gold dropping 15%, and silver...
-
'Bear Market' in Copper Suddenly Getting a Lot of Attention
Thursday, September 29, 2011 - 9:50am | 1287Read More...I mentioned about two weeks ago, 'Doctor Copper' was looking quite sickly. Things have deteroirated since. In the past, copper was an excellent indicator of industrial usage, and hence economic activity but over the past 4-5 years, China has really come to dominate this market, so I believe the...
-
Precious Metals: Just a Squiggle
Friday, September 23, 2011 - 4:32pm | 305Read More...By John Rubino, of Dollar Collapse - Now this is a correction. In the space of three days gold is off 10% and silver 25%. What's happening? Two things: First, you don't get this kind of run without this kind of correction. When something soars, the number of people with huge embedded profits...
-
Crude Oil to Resume Tracking S&P 500, Gold and Silver Under Pressure
Thursday, September 15, 2011 - 7:08am | 1285Read More...Crude oil is set to resume tracking the S&P 500 after diverging yesterday while gold and silver are under pressure as US economic data weighs on Fed easing hopes. Talking Points Crude Oil to Follow S&P 500 as Sentiment Trends Respond to US Data Gold Vulnerable if Traders Begin to...




